RBI Deputy Governor Poonam Gupta assures that the central bank's inflation forecasting is unbiased and uses a variety of models and expert discussions. Concerns over overestimation of inflation numbers and its impact on rate cuts are acknowledged. The RBI is also looking to improve its data on balance of payments by releasing it on a monthly basis.
Taiwan-born influencer Pei-Yun Chung has gained notoriety for repeatedly dining and dashing at lavish NYC restaurants. Despite facing arrests and charges, she shows no remorse and flaunts her extravagant lifestyle on social media. Her immigration status is now being questioned as she may have overstayed her student visa. Her actions have sparked media and restaurant owner attention.
Paras Defence and Space Technologies has signed a Licensing Agreement with DRDO for the Transfer of Technology of the Driver Night Sight for the T-90 tank. The company has also secured a contract from IRDE, a DRDO lab, to supply optronic periscopes for submarine applications. In its Q2FY26, the company reported a revenue of Rs 105.72 crore.
A new DNA study on Adolf Hitler reveals insights into his health and private life, including a gene mutation linked to a disorder affecting testosterone production and a high polygenic score for schizophrenia and autism. The study was conducted by Turi King and Alex J Kay for the documentary "Hitler's DNA: Blueprint of a Dictator."
Indian equity markets surged today, driven by global cues and broad-based buying across sectors. The Sensex and Nifty closed 1.21% and 1.24% higher respectively, with the Nifty Bank index hitting a new high. The rally was not limited to frontline indices, as the Nifty Midcap and Nifty Smallcap indices also gained about 1%.
The NIA has made progress in the Red Fort bombing case by arresting a Faridabad resident, Soyab, who aided the main accused. This has helped the agency understand the larger network involved in the bombing. The investigation has expanded to multiple states and the NIA is determined to uncover all those involved in the conspiracy.
ICICI Bank projects India's economy to expand by 7.5% in Q2FY26 due to robust rural demand and growth in industrial and services sectors. However, concerns arise from a widening trade deficit, lower state spending, and a struggling tourism industry. The report said, government spending and private investment have boosted growth in the first half.
HCLTech and SAP have partnered to bring AI solutions to physical and industrial settings. They will focus on next-generation use cases and integrate cognitive robotics with enterprise systems. HCLTech has also teamed up with Amazon Web Services to drive innovation in the financial services sector.
A GoFundMe campaign has raised nearly $50,000 for Preet Harsoda, a 27-year-old Indian student injured in a Florida apartment fire. Another fundraiser, started by the Indian Students Association and India Association of Tallahassee, has raised over $52,000. Several other Indian students were also affected by the fire and are in urgent need of essentials.
Vikram Solar has commissioned a 5-GW fully automated Vallam facility in Tamil Nadu, increasing its annual production capacity to 9.5 GW. The plant incorporates advanced automation technology and will supply next-generation modules across India. It aims to achieve 40-50% gender diversity in its workforce and create a modern, equitable manufacturing environment.
PM Modi virtually inaugurated Safran's MRO facility for LEAP engines in Hyderabad, expected to start operations in 2026. The country's MRO market is projected to reach $4 billion by 2031, with potential savings of $15 billion for airlines. Safran also plans to set up a MRO facility for Rafale engines, aiming to triple its annual revenue in India to 3 billion euros by 2030.
MCX's share price has crossed Rs 10,000 for the first time, with a market capitalisation of Rs 52,000 crore. The spike in stock price is due to its future growth prospects and plans to improve technology and product offerings. The company's Q2 earnings report also contributed to this milestone.
Reliance Industries' joint venture, Digital Connexion, will invest $11 billion by 2030 to build 1 GW capacity data centres in Andhra Pradesh. The purpose-built data centres will cover 400 acres in Visakhapatnam and the company has signed a MoU with the state's Economic Development Board. With a campus in Chennai and another under construction in Mumbai
The markets have seen a significant surge, with the Sensex and Nifty both gaining over 1%. The BSE Small and Midcap Indices have also risen by 1% each, with major sectors like metals, tech, auto, and banks leading the gains. The rally is driven by positive global markets, Fed rate cut expectations, and improving fundamentals.
Merck's new cholesterol pill, enlicitide, can lower LDL levels by 60% in adults with a genetic form of high cholesterol. It also reduces the risk of heart attacks and strokes by 20% in high-risk patients within a year by blocking a liver protein. The 52-week trial with over 300 adults showed promising results, making it a gamechanger in the fight against heart disease.
"India's animated film, Mahavatar Narsimha, directed by Ashwin Kumar, is in the running for an Oscar nomination. The film, based on Lord Vishnu's avatars, is competing against 35 other international titles, including popular hits like Kpop Demon Hunters and Chainsaw Man.
The US Interior Department has announced a new set of “America-first” rules for national park entrance fees. According to the Office of Communications, these changes include much higher fees for visitors from other countries and special annual passes featuring Donald Trump.
Mumbai's air quality reached "severe" levels with an AQI of 219, far above safe thresholds. Visibility was reduced due to a thick blanket of smog and haze, causing discomfort for residents. Parts of the city recorded hazardous levels of PM 2.5 and PM10. Authorities advised precautions such as avoiding outdoor exercise and using air purifiers.
Kevin Hassett, a prominent American economist and current White House National Economic Council director, is favored by President Trump to replace Jerome Powell as Federal Reserve chair. With a strong background in Republican politics and previous work with Trump, Hassett is among the top three contenders for the position.
HDFC Asset Management Company (HDFC AMC) saw a 50% drop in its stock price due to a 1:1 bonus issue, which means existing shareholders receive one free share for every share they own. This adjustment does not change the overall value of the investor's holdings, but it does make the stock more affordable.
Bharti Airtel's stock dropped 3% on NSE due to a block deal by one of its promoter entities, Indian Continent Investment. The investment firm plans to sell 34.3 million shares for Rs 7,195 crore, aiming to diversify the telco's shareholder base. Bharti Airtel's Q2 FY26 saw a 89% increase in net profit and 26% increase in revenue. Despite recent dips, the stock has shown overall growth.
Jennifer Lopez made a grand appearance at Netra Mantena and Vamsi Gadiraju's wedding in Udaipur, performing for a whopping $2 million. A-list guests like Justin Bieber and Bollywood stars were also in attendance. The singer also recently signed a $10 million deal with Zen Diamond as their global ambassador. However, sources say this is a lower amount compared to her previous deals.
Despite receiving positive reviews and featuring impactful scenes, Farhan Akhtar's war drama 120 Bahadur, based on the Battle of Rezang La, is struggling at the box office. Despite a strong performance by Farhan as Major Shaitan Singh, the film's earnings saw a decline on Monday and Tuesday after a promising first weekend.
Ethiopia’s Hayli Gubbi volcano erupted on Sunday for the first time in more than 12,000 years. The intensity of the eruption resulted in a massive column of ash soaring nearly 45,000 feet into the sky, moving northeast at around 100 to 120 kilometres per hour.
The government aims to divest 25% stake in IIFCL through an IPO in FY27, consisting of 10% fresh equity and 15% government stake dilution. IIFCL, a state-run infrastructure lender, has shown growth in business volumes, profitability, and reduction in bad loans. The listing aims to improve the company's performance.
PM Modi to inaugurate SAESI facility near Hyderabad Airport, a major milestone for India's aviation sector. The facility will serve as Safran's dedicated MRO centre for LEAP engines, marking the first time a global engine OEM has established an MRO operation in India. This move will boost India's capabilities and position it as a global aviation and MRO hub.
President Droupadi Murmu will celebrate National Constitution Day on Wednesday by digitally releasing the Constitution in nine languages and organizing a collective reading of the Preamble. The government aims to make it a national festival by 2025 with activities planned from Panchayats to Parliament.
Indian equity indices opened higher with NSE Nifty 50 up by 0.26% and BSE Sensex up by 0.30%. Bank Nifty also opened higher by 0.35%. Small and mid-cap stocks were in line with benchmarks. Intraday volatility can be attributed to technicals and market positioning. Retail investors are advised to refrain from trading and accumulate high-quality growth stocks.
Joe Rogan has gone down a new rabbit hole, and this time, it’s an 8th-century rock-cut temple in India that has left him absolutely stunned. While speaking to a guest on his podcast, Rogan said he spent the previous night watching a YouTube documentary on the Kailasa Temple at Ellora, and he hasn’t been able to get over what he saw.
India's CRDMO market is on a fast-paced growth trajectory, projected to reach $15.4 billion by 2029 with a 13% CAGR. This is fueled by geopolitical changes, favorable regulatory policies, and competitive costs. India is becoming a top choice for CRDMO partnerships, boasting lower capital and operating expenses, and gaining traction in the global outsourcing market.
US payrolls unexpectedly increased by 119,000 jobs in September, surpassing economists' predictions of 50,000 jobs. However, the unemployment rate rose to 4.4%, higher than the expected 4.3%. The government shutdown caused delays in data collection, leading to revised job gains in August and July.
Oil prices dropped 1% due to Ukraine's possible resolution of war with Russia, potentially lifting sanctions on energy trade. This may increase supply in a market already facing a glut next year. Russia's stance has kept the market wary, with doubts about a formal agreement. Experts foresee a worsening glut in 2026, but a peace deal could boost Russia's oil production.
Virgin Group founder Richard Branson and his wife, Joan Templeman, were together for nearly 50 years before she passed away at 80. Branson first met Joan in 1976 and later recalled in a 2020 blog post on Virgin.com, “I fell for Joan almost from the moment I saw her.”
Former US Congressman and economist Dr Dave Brat has called out India over the H-1B visa program, pointing to massive irregularities. He said that while the national cap for H-1B visas is 85,000, one Indian district alone received 220,000 visas, more than 2.5 times the limit.
Chandigarh Traffic Police has issued a detailed advisory for November 26, 2025, due to special arrangements for the expected arrival of over 10,000 farmers for protests against the repealed farm laws. Traffic will be diverted and restricted on major roads, and real-time updates can be found on social media.
HP Inc. announced on Tuesday that it plans to slash 4,000 to 6,000 jobs worldwide by fiscal 2028, Reuters reported. The move is part of the company’s effort to streamline operations, adopt artificial intelligence, increase product development, improve customer service, and boost productivity.
Donald Trump has sent his special envoy, Steve Witkoff, to Moscow to meet with Vladimir Putin and finalise the details of a potential peace deal between Russia and Ukraine.
The White House on Tuesday strongly denied a report claiming that President Donald Trump was thinking about removing FBI Director Kash Patel. The rumour began after a website reported that Trump was considering replacing Patel with FBI co-deputy director Andrew Bailey.
KKR, a private equity firm, has invested in Lighthouse Learning, with Canadian pension fund PSP Investments also joining as a new investor. KKR plans to use the capital to expand K-12 schools and preschools in key cities. Lighthouse Learning has a workforce of 22,000 and a revenue of Rs 881 crore.
Asian Paints has joined hands with BCCI to be the official 'colour partner' for Indian cricket for the next three years, with a deal worth Rs 45 crore. The partnership will cover all forms of cricket, and the brand believes it aligns with their brand positioning. They will also launch on-ground and digital initiatives, such as a fan camera and 'colour countdown' during matches.
Auto tech funding in Delhi-NCR has seen a significant increase of 517% in the first nine months of 2025, reaching $1.3 billion. The overall tech funding in the region grew by 12%, with late-stage deals dominating the scene. The largest investment was $1 billion in Erisha E Mobility. Delhi accounted for 57% of the funding, with 11 IPOs and 25 acquisitions recorded in the region.
Salesforce India, a top CRM services provider, saw a 47% increase in revenue in FY25 thanks to the popularity of its Agentforce suite. The company's filings show India as a rapidly growing market, thanks to the high demand for AI agents and strong partnerships. Arundhati Bhattacharya, president and CEO, leads the company's success.
Tata Motors has revived the iconic Sierra as a modern mid-size SUV starting at Rs 11.49 lakh. The company anticipates strong demand for the diesel model, as rivals prioritize petrol or hybrid options. The Sierra EV will launch in 2021 and be exported to countries like South Africa.
Blinkit is the leading quick-commerce platform with 31% of users choosing it over other apps like Swiggy Instamart and Flipkart Minutes. While grocery remains the top use case, quick-commerce is expanding into beauty and kids' products.
CPPIB and IndoSpace have acquired six industrial and logistics parks in India for 471 million Canadian dollars, making IndoSpace Core the country's largest operator in this sector. With CPPIB owning a 93% stake, the portfolio will now cover 22 million square feet and 948 acres, serving over 120 companies in six major hubs.
The Trump administration has halted the processing of 235,000 green card applications for refugees admitted during Biden's term, citing national security concerns. This has sparked criticism from refugee advocates, who call it cruel. USCIS will review eligibility criteria, causing delays and uncertainty for affected refugees.
Volcano eruption in Ethiopia causes cancellations and delays of flights in Indian airspace. Air India, IndiGo, SpiceJet, and Akasa Air announce diversions and cancellations. Government monitoring and coordinating with agencies. Volcano erupted on Sunday, with forecasted ash influence over multiple Indian states.
India's data centre industry is predicted to experience a 20-22% revenue growth annually by FY28, thanks to the rise in enterprise cloud usage, AI workloads, and digital consumption. The capacity is expected to double by March 2028, with a rise in capital spending.
India's merchandise exports have bounced back in November despite US tariffs, with growth in seafood and services. However, trade deficit has increased due to imports of gold and fertilizer. The government is focusing on trade agreements with Canada, Israel, and the Southern African Customs Union, and plans to introduce a new export.
Jubilant FoodWorks leads the domestic food service industry with its impressive same-store sales growth (SSG), unlike its struggling competitors. This is due to its extensive store network, emphasis on delivery, and continuous menu innovation. The company's aggressive approach to speed and value has contributed to its success, with plans for further expansion.